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When Elon Musk bought Twitter, he quickly gutted the social media platform to its core operations, dispensing with anything he saw as wasteful or superfluous. Now, Donald Trump wants him to do the same to the US government. The world’s richest man was named this week alongside Vivek Ramaswamy, a former rival of Trump’s for

Stay informed with free updates Simply sign up to the Economy myFT Digest — delivered directly to your inbox. Growing up in a land of eucalypts, I had not even seen a rake before moving to England. Now I live in the countryside and swear like an Anzac every time a leaf drops on my

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Earlier this year I had one of those encounters which, afterwards, I just couldn’t stop thinking about. Eight months and some digging later, I have decided to write about it.  My meeting was with an

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Investors dumped shares in vaccine makers and pharmaceutical groups on Friday, as concerns grew over Donald Trump’s nomination of vaccine sceptic Robert F Kennedy Jr as the top US health official. US-listed vaccine makers were

Stay informed with free updates Simply sign up to the UK financial regulation myFT Digest — delivered directly to your inbox. The system for handling UK financial services complaints is to be overhauled to avoid more costly “mass redress events” in the latest sign of how politicians are pushing to ease the regulatory burden on

Stay informed with free updates Simply sign up to the War in Ukraine myFT Digest — delivered directly to your inbox. German Chancellor Olaf Scholz has spoken to Russian President Vladimir Putin for the first time in nearly two years, as western powers position for the return of a Trump administration that has made ending

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Two of Elon Musk’s private companies are set to secure multibillion-dollar jumps in valuation through new deals, as investors race to back the sprawling business interests of the world’s richest man. SpaceX, the largest private

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Show video info An Israeli air strike flattened a large residential building near one of Beirut’s busiest junctions on Friday morning, rocking the Lebanese capital after weeks of intense fighting between Israel and Hizbollah. The

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Benjamin Netanyahu’s chief of staff was questioned by police as part of an investigation into suspicions that he altered records of the timeline of the Israeli prime minister’s phone calls in the early moments of

Stay informed with free updates Simply sign up to the Pensions industry myFT Digest — delivered directly to your inbox. Chancellor Rachel Reeves has proposed a major overhaul of the pensions industry as the government hopes to drive investment into productive British assets through a series of “megafunds”. This would involve rapid consolidation across UK

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. When Friedrich Merz suddenly re-entered politics after a near 10-year absence, some described it as the Second Coming. Others said it was the return of the undead. However you describe it, Merz’s rebound has been

Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world Right now global investors are grappling with at least two big surprises linked to Donald Trump. The first is the magnitude of his victory. Although many (including myself) expected him to win, few

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Prime UK office and shopping centre values are rising for the first time in two years, according to some of the UK’s largest listed landlords, in a positive sign for the embattled commercial real estate

€69 per month Complete digital access to quality FT journalism with expert analysis from industry leaders. Pay a year upfront and save 20%. What’s included Global news & analysis Expert opinion FT App on Android & iOS FT Edit app FirstFT: the day’s biggest stories 20+ curated newsletters Follow topics & set alerts with myFT

Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world Corporate borrowers are rushing to tap the US bond market, taking advantage of “eye-poppingly” buoyant conditions after Donald Trump’s election victory. Companies including heavy machinery maker Caterpillar, biopharma company Gilead Sciences and investment

In January 2023, short seller Hindenburg Research put out a report claiming that executives at one of India’s largest conglomerates were manipulating the company’s stock price. The Adani Group and its multibillionaire founder Gautam Adani strenuously deny the accusations, but the report instantly wiped off as much as $140bn from the conglomerate’s market value and

Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world In April 2022, Elon Musk tweeted a cartoon made by US evolutionary biologist Colin Wright. The image shows a stick figure representing Wright, a self-described “centre-left liberal”, becoming politically stranded as the American

Standard Digital Standard & FT Weekend Print wasnow 38 € per 3 months The new FT Digital Edition: today’s FT, cover to cover on any device. This subscription does not include access to ft.com or the FT App. What’s included Global news & analysis Expert opinion FT App on Android & iOS FT Edit app

€69 per month Complete digital access to quality FT journalism with expert analysis from industry leaders. Pay a year upfront and save 20%. What’s included Global news & analysis Expert opinion FT App on Android & iOS FT Edit app FirstFT: the day’s biggest stories 20+ curated newsletters Follow topics & set alerts with myFT

€69 per month Complete digital access to quality FT journalism with expert analysis from industry leaders. Pay a year upfront and save 20%. What’s included Global news & analysis Expert opinion FT App on Android & iOS FT Edit app FirstFT: the day’s biggest stories 20+ curated newsletters Follow topics & set alerts with myFT

Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world Donald Trump will nominate Jay Clayton, the former head of the Securities and Exchange Commission, as US attorney for the Southern District of New York, one of the most prestigious prosecutorial posts with